Formulas Flashcards by Alexi Buono-O'rahilly | Brainscape

Q

total revenue formula

A

Price x quantity sold

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Q

profit/loss formula

A

Total revenue - total costs

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Q

contribution formula

A

Selling price per unit - variable costs

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Q

total costs formula

A

Total fixed costs + total variable costs

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Q

revenue formula

A

Price x quantity

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Q

break even formula

A

Total fixed costs / sales price - variable cost per unit

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Q

margin of safety formula

A

Actual sales - break even output

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Q

cash flow formula

A

Cash inflows - cash outflows

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Q

gross profit formula

A

Revenue - cost of sales

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Q

Gross profit margin formula

A

Gross profit / revenue x100

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Q

Net profit formula

A

Operating profit - interest

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Q

net profit margin formula

A

Net profit / revenue x100

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Q

Market share formula

A

Sales of product / Total market sales x100

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Q

Price elasticity of demand formula

A

% change in qty demanded / % change in price

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Q

Income elasticity of demand formula

A

% change in qty demanded / % change in income

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Q

Sales revenue formula

A

Number of units sold x unit price

Q

Total variable costs formula

A

Number of units sold x variable cost per unit

Q

Capacity utilisation formula

A

Current output / maximum output x100

Q

Operating profit formula

A

Gross profit - expenses

Q

Operating profit margin formula

A

Operating profit / sales revenue x100

Q

Current ratio formula

A

Current assets / current liabilities

Q

Sales volume formula

A

Sales revenue / selling price